Savings Surplus Occurs When All of an Economic Unit's Income

question 104

True/False

Savings surplus occurs when all of an economic unit's income is not consumed, but held in the form of cash and other financial assets.

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Definitions:

Saturated Triacylglycerol

A type of fat molecule known as a triglyceride, where all carbon atoms in the fatty acid chains are saturated with hydrogen atoms, resulting in no double bonds.

Fatty Acid Chains

Long hydrocarbon chains with a carboxylic acid group at one end, found in fats and oils, and serve as major components of cell membranes and energy storage molecules.

Double Bonds

Chemical bonds between two atoms involving four bonding electrons instead of the usual two, making the bond stronger and the molecules more reactive.

Covalent Bonds

Electron pairs shared between atoms result in the formation of chemical bonds.